103 Royal Parade, Riddells Creek VIC 3431

Grand acreage with park-like bushland | 444m² multi-level house | 4 beds, 2 baths, single garage | 2.4km to station and primary school. This property presents a rare configuration for the area, combining a substantial 1.62-hectare bushland setting with a very large 444m² residence, a pairing that exceeds typical suburban stock and caters specifically to buyers seeking space and serenity without total isolation. Its park-like grounds, established irrigation, and proximity to the train station and local school create a compelling lifestyle proposition, best serving a family or professional couple seeking a permanent retreat with reliable amenity access. The recent kitchen renovation and master retreat design signal a property updated for contemporary comfort, while the bordering flora reserve ensures lasting privacy and a natural aspect. The primary decision mechanism is the bushfire overlay, which imposes specific construction and maintenance obligations, potentially increasing holding costs and narrowing future buyer interest. The single garage is an operational constraint for a property of this scale. However, the low building coverage and significant landholding present a clear opportunity for value accretion through strategic land management or future ancillary structures, subject to council approval. Given the estimated value sits at the lower end of the asking range, a purchase within that band is defensible; this property should be acquired as a long-term lifestyle holding, not a short-term rental investment, due to its specific appeal and the modest yield. Recent nearby sales provide context: – 7 Dec 2025: 4 bed, 3 bath, 2 car on 861m² sold for $1,100,000. – Another comparable property sold for $1,060,000. These transactions, on significantly smaller parcels, support the premium asked for this property’s extensive landholding and larger building size, indicating its price positioning is justified by its scarcity in the market.